Tag Archive

Time To Put Finance Where It Belongs

It is time to put finance back in its box
By Philip Augar, Apri 13, 2009

Nicolas Sarkozy arrived at the Group of 20 summit having said: “The all-powerful market that is always right is finished.” The French president left it proclaiming “a page has been turned” on the Anglo-Saxon financial model. Whether or not a page [...]

The G20 Feigned Optimism: Is it Justified?

We don’t think so. Most of the pledges are verbal, and the extra $500bn given to the IMF,  in addition of reviving a hated institution worldwide, are peanuts compared with the trillions needed to keep the world economy afloat. As Keith Hart says, this is a crisis where both capitalists and governments are losing big. [...]

Postcapitalism: Movement Has Alternatives to G20

It’s hardly surprising that some want to trash the City, but to claim that the G20 protesters have no alternative is nonsense
By Seumas Milne
When mass protests exploded on the streets of Seattle in 1999 against the kind of globalisation embodied in the World Trade Organisation, their anti-capitalist message was widely portrayed as utopian. A decade [...]

London and Berlin March vs G20

London protesters march in 1st of many G20 rallies
By DEAN CARSON
LONDON (AP) — Tens of thousands of people marched across central London Saturday to demand jobs, economic justice and environmental accountability, kicking off six days of protest and action planned in the run-up to the G20 summit next week.
More than 150 groups threw their [...]

We, the Movement, Predicted the Great Recession

Once beaten for stating the obvious, our time has come
Katharine Ainger, Thursday 26 March 2009
Ten years ago, the anticapitalist movement predicted this recession. Now it must envisage an alternative global future
It was 1999 and the summer of corporate love. Many pundits – now talking of “bad apples” and applauding bailouts – were predicting the [...]

Paris on Strike, London to Riot

By James Mackenzie, Reuters
As many as three million people took to the streets across France on Thursday to protest against President Nicolas Sarkozy’s handling of the economic crisis and demand more help for struggling workers.
The protests, which polls show are backed by three quarters of the French public, reflect growing disillusion with Sarkozy’s pledges of [...]

Financial Fools Day: Let’s Make the Fools Pay!

G20 Meltdown,  April 1st 2009
http://www.g-20meltdown.org
Come to London’s biggest ever street party!
On Financial Fools Day, The City of London will form the backdrop for the biggest mobilisation of the people since more than a million marched against the illegal invasion and occupation of Iraq. Thousands and tens of thousands
are expected to take to the streets to [...]

UK Security Services Fear Huge Bank Riots

MI5 Alert on Bank Riots
by Geraint Jones
Sunday March 1, 2009
Top secret contingency plans have been drawn up to counter the threat posed by a “summer of discontent” in Britain. The “double-whammy” of the worst economic crisis in living memory and a motley crew of political extremists determined to stir up civil disorder has led to [...]

Trillions for Bankers, Zero for People: Europe Protests

THE PARIS DECLARATION FOR MOBILIZING ON THE CRISIS
We won’t pay for your crisis!
More than 150 representatives of trade unions, farmers’ movements, global justice groups, environmental groups, development groups, migrants’ groups, faith-based groups, women’s groups, the have-not movements, student and youth groups, and anti-poverty groups from all over Europe gathered on the 10th and 11th [...]